MALAYSIA: New capacity lifts Supermax profit

In a filing with Bursa Malaysia (an exchange holding company offering the complete range of exchange-related services including trading, clearing, settlement and depository services), the the rubber gloves maker said the better performance was largely because of new capacity added from new and refurbished lines.

Executive chairman/group managing director Datuk Seri Stanley Thai said demand for gloves, both natural rubber and nitrile, remained robust despite the slowdown in the eurozone and the United States.

Supermax has proposed a final tax-exempt dividend of 6%, or RM20.4 million.

Source: Daily "The Star", Kuala Lumpur; 27 Feb 2013

(Syed Rashid Ali, Karachi, Pakistan)